CNBC Originals Season 1 Episode 1
CNBC Originals
Season 1

Ep 1. The Big Lie

  • TV-NR
  • September 9, 2003
  • 54 min

In the debut episode of CNBC Originals' first season, titled "The Big Lie," viewers are taken on a riveting investigative journey that uncovers the staggering truth behind one of the most significant financial scandals of our time. This deeply insightful and thought-provoking documentary explores the intricate web of deceit and fraud that led to the collapse of numerous corporations and shook the foundation of the global economy.

"The Big Lie" delves into the heart of the financial crisis, peeling back the layers of corporate greed, reckless risk-taking, and pervasive deception that ultimately triggered the devastating collapse of the housing market. With unprecedented access to key players and insiders, this episode reveals the intricate mechanisms that allowed this massive financial fraud to unfold, casting a critical light on the sheltered world of Wall Street.

Through a remarkable combination of interviews, extensive research, and detailed analysis, the episode presents a comprehensive narrative that dissects the key events leading up to the crisis. It explores the creation and promotion of complex financial instruments, such as risky mortgage derivatives, which were falsely advertised as safe investments. As the story unravels, viewers witness the interconnectedness of financial institutions, rating agencies, and government regulators, all playing a role in perpetuating the lie.

"The Big Lie" shines a spotlight on the individuals who recognized the impending disaster and tried to sound the alarm. From whistleblowers within the industry to journalists and economists, their voices provide both a chilling recounting of the events and a crucial examination of the systemic failures that allowed the crisis to happen. Amidst this turmoil, viewers witness the immense personal and financial toll the crisis took on ordinary individuals, further emphasizing the urgent need for accountability and reform.

Throughout the episode, CNBC Originals aims to present a balanced perspective, incorporating different viewpoints from industry insiders and experts. By doing so, it encourages viewers to form their own opinions on the origins and aftermath of the financial meltdown, as well as the steps needed to prevent a similar catastrophe in the future.

"The Big Lie" goes beyond mere finger-pointing and exposes the underlying systemic issues that made the crisis possible, shedding light on questions of ethics, regulation, and responsibility. It challenges viewers to consider the implications of a financial system driven by unchecked greed and the potential consequences for society at large.

This first episode of CNBC Originals' inaugural season lays the groundwork for an eye-opening exploration of the financial world's darkest moments. With its unparalleled authenticity and integrity, "The Big Lie" offers not only a comprehensive understanding of the financial crisis but also a broader reflection on the moral and ethical implications of the choices made by those in power.

Through a powerful combination of storytelling and in-depth analysis, "The Big Lie" captivates audiences with its compelling narrative and unveils the painful truth about one of the most significant financial scandals in history. Whether one is already familiar with the events of the financial crisis or new to the subject, this episode offers valuable insights and serves as a wake-up call to the importance of integrity and accountability in the world of finance.

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Description
  • First Aired
    September 9, 2003
  • Content Rating
    TV-NR
  • Runtime
    54 min
  • Language
    English